Over the past weeks the market was dipping everyday that if you bought the week before, you was already at lost by the next week. This frustrating market cause may Investors to stop buying and waiting for the buttom. I just opened my binance app and noticed market is recovering, and I just wanted them know what the community at large is doing but I'll see the individual response just to pass time while we wait for full market recovery.
what are the decisions you're making now, will you wait for this new market development not to be a trap before investing again or you'll risked it and buy more coins?
First of all, don’t be too greedy. If you’ve already made profit during the market recovery, it’s better to take profit and be happy about it. I’ve learned my lesson the hard way when I am too greedy with all of my holdings until that crash due to China’s crackdown and Elon Musk’s bearish statements regarding “environmental concerns” of Bitcoin mining.
Remember that cryptocurrencies are considered as high risk due to it’s volatility. This is why from now on, I would rather take profit and be happy than just being greedy, and buy back when it dipped at my targeted buying price.